World Wide Web Consortium (W3C) originated an open source API termed as Web Real-Time Communication (Web RTC). It allows end-users with video chat, voice calling, and peer to peer sharing of file among different browsers without the help of any external plug-in. The W3C tries to set up compatibility in industry, service providers for implementation of worldwide standards expanded by them. The IPs needed for Web Real-Time Communication are managed, developed, and standardized by IETF (Internet Engineering Task Force). It comprises of 3 APIs namely PeerConnection (), GetUserMedia (), and DataChannels ().Web RTC offers easily accessible, time efficient, and encrypted commercial telephony system. Being an open source API, it might be simply accessed by the API developers. This is leading to increasing adoption of web RTC in various communication solutions at lower price in comparison to traditional systems. It is not dependent on device and platform through that it is integrated and so might attract customers globally.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the web real-time communication market. The scope of this report covers the web real-time communication market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

In-depth analysis of the market ecosystem and its impact on the revenue growth

Understanding of the strategies that are being adopted by the key players in this market to stay competitive

Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

Web RTC proffers better audio and video quality at low price with improved security level in comparison with other telecommunication systems which in turn might boost the market growth web RTC globally. It adjusts and adapts itself based on the fluctuating network conditions.

Based on availability of bandwidth it adjusts accordingly and avoids congestion in network, thus augments network efficiency. Companies enabled with products that are based on web RTC technology might enhance promotional activities, customer interaction, and boost their sales in a cost-effective manner.

The augmentation in healthcare, retail, and hospitality as these are customer facing industries might fuel the market growth of web RTC. However, being an emerging technology web RTC has several challenges such as data security and privacy issues with public internet usage which are projected to hinder the growth of web RTC market globally.

Regionally, the global web real-time communication market has been categorized into Europe, Latin America, Asia-Pacific, Middle East & Africa and North America. Among these, Asia-Pacific is projected to expand at the largest share of market over the forecast period owing to the mobile workforce expansion, large internet connectivity, and growing inclination towards usage of mobile devices. Huge enterprises and small as well as medium sized businesses in the APAC countries have started acknowledging the value of Web RTC solutions, and will focus on the dedicated Web RTC solutions deployment for facilitating affordable real-time communication and efficiently serving the need of customers.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s web real-time communication market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.